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Venn HomeSuite Launches Co-Owned Tourism Real Estate

Melbourne, Australia, Aug. 16, 2022 (GLOBE NEWSWIRE) — Venn HomeSuite, a luxurious commercial and residential space that provides top-notch comfort for tourists and travelers, announced that it would be delving into the real-estate and tourism industry by launching a co-owned real estate investment.

The company aims to provide investment opportunities to new and existing investors who believe in the future of tourism and real estate. Interested investors can purchase up to 30,000,000 shares at an issue price of AUD$0.25 per share to raise AUD$7,440,000. Additionally, all shareholders will rank equally.

The capital from potential investors will be exclusive to land acquisition. Upon acquisition of the land, the management team will obtain the relevant permits to allow the development of service apartments. Hence, a subsequent capital raise will fund the property development and building construction.

This investment will take…

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